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Lake Mary, FL Real Estate News

By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
 The following are the market sales statistics for Casselberry, Seminole County, Florida for March 2008.  Casselberry is made up of the zip code 32707.  For purposes of this analysis we will be splitting the data according to single-family homes vs, condominiums, townhomes and villas.32707 - Single-Family Homes16 homes sold during the month of March.The average sales price, which is the total sold volume divided by the number of homes sold is $222,896 with 130 days on the market.The median sales price, which means that 50% of the homes sold for more and 50% of the homes sold for less, is $214,475.The most expensive home sold for $356,485 and apparently was under contract the day it was listed.  It was a 4 bedroom, 2 bath, 2-car garage home in 2597sf on .12 acre.  The HOA is $200 monthly...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
 The following are the market sales statistics for Lake Mary, Seminole County, Florida for March 2008.  Lake Mary is made up of the zip code 32746.  For purposes of this analysis we will be splitting the data according to single-family homes vs, condominiums, townhomes and villas.32746 - Single-Family Homes28 homes sold during the month of March.The average sales price, which is the total sold volume divided by the number of homes sold is $517,281 with 109 days on the market.The median sales price, which means that 50% of the homes sold for more and 50% of the homes sold for less, is $305,000.The most expensive home sold for $2.8M and was on the market for 411 days.  It was a 6 bedroom, 6 full bath, 2 half bath 11,089sf home with an 8-car stone floor exhibition garage built in 2006 in H...
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By Debbie Summers
(Charles Rutenberg Realty )
 Lake Mary is home to several outstanding golf communities including Heathrow Golf & Country Club and Timacuan Golf & Country Club.  One of my favorites is Magnolia Plantation.  This guard gated community of 500 homes features natural surroundings and one of the areas most challenging golf courses.  This community is also home to a small heard of dear, who live in the Wekiva Reserve that boarder the property.  If you would like more information about Magnolia Plantation, please contact me. The homes in Magnolia Plantation are situated on large wooded homesites that boarder the golf coarse and ponds.  Homes in Magnolia Plantation range from the the mid $400's to over $1.5 million...There are 39 homes on the market, with the least expensive home listed at $459,900 with 4 bedrooms / 2 bath...
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By Debbie Summers
(Charles Rutenberg Realty )
 What's Selling in Lake Mary...  Homes that are priced right! I've been working with buyers in Lake Mary for the past 2 months and both currently have contracts on homes and we are working towards closing.  While working so closely with them and looking at the best homes in their price ranges I noticed something really interesting.  If your home is priced competitively, it will sell.  One home that my clients loved that was on the market for a mere 8 days went under contract so quickly they have been kicking themselves for a couple of weeks.  It didn't happen again...  If you want to sell in this market, contact me to discuss your optionsIf you are looking for the latest stats, please visit my Lake Mary Market Update (by clicking here).   Considering a Move to Central Florida?Do you wan...
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By Christopher Myers, Greater Orlando and Central Florida Real Estate
(Orlando Property Group)
Orlando Florida Real Estate Resource Lake Mary & Oviedo Relocation Guide - Seminole County Florida     Oviedo and Lake Mary are two great cities!  Both are located in Seminole County Florida and both are only minutes to Downtown Orlando.  These two cities have some of the best schools in the area, with Oviedo having what some to be the top schools in the state, which is why so many people choose these areas when buying a home.  Actually, all 8 Seminole County 4-year public high schools are ranked by Newsweek Magazine in the top 3% of schools in the United States, and Money Magazine identified Seminole County Public Schools as one of the top 100 school districts in the country.  Both have small town charm, yet are close to the big city atmosphere of Orlando.  Both are also only 30 minute...
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By Christopher Myers, Greater Orlando and Central Florida Real Estate
(Orlando Property Group)
Orlando Florida Real Estate Resource Lake Mary New Construction, Luxury Homes - A Rare Find!It's quite rare these days to find new construction homes in Lake Mary Florida, ranked 4th in CNN's Top 100 Best Places to Live!  The Key West inspired homes of Banyon Pointe are a rare gem in the heart of Lake Mary.  Banyon Pointe is an exclusive, maintenance-free, gated community of only thirty-three luxury single family homes.  But hurry...at I write this, only 15 lots remain available.The homes in Banyan Pointe's charming community combine the charm of Key West's architecture and design with the most modern building techniques and appointments.  The use of living space is maximized with their modern and extremely functional floor plans, while the exterior features authentic coastal paint sche...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
A high-density development in Lake Mary got approval from the County Commission on Tuesday, but only after developer Bob Horian agreed to significantly reduce building height. The development is on Sun Drive near Greenwood Lakes Boulevard. Horian asked to modify an original development agreement from several years ago that would let him build condos on land previously approved for offices and town homes. Horian had proposed a 75-foot condo building on one tract. Commissioner Carlton Henley, whose district includes the Sun Drive development, balked at the height. Now the building height limit is just a little more than 55 feet. Horian said he needed to adjust the project, particularly because town homes are not selling well. Nothing's selling particularly well in this real-estate market,...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
Lake Mary is one of Central Florida's hottest growth areas, thanks in large part to the persistence of Jeno Paulucci, a self-made millionaire who made his fortunes selling frozen Chinese food and then frozen pizza.The city today sits at the epicenter of Florida's Hightech Corridor, which follows I-4 from Tampa through to Daytona Beach. Along the route, government and industry have joined forces to attract leading-edge companies in such fields as telecommunications, medical technology and microelectronics.  Lake Mary started as an isolated railroad station known as Bents which closed in 1910. Lake Mary is home to top rated schools, miles of bike paths and bustling shops, restaurants and movie theaters.Prices of real estate in this area range from:$89,000 - $7,500,000    For information o...
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Rare Historic 1925 Updated Crystal LakeFront Home-Just beautiful!MUST SEE!! IMMACULATE CONDITION-JUST MOVE IN! Realtors call this house "Beautiful", "Nicest I have seen in area", "Charming". This house sells itself!Immediate Occupancy! Owner can be out in two weeks tops.4/3 2180 Sq Feet under air. Just reduced below new appraisal of $380K to $375K! Make an offer-owner highly motivated! No reasonable offer will be refused!!Lake Mary just voted #4 place to live in US! Great vacation home-20 minutes from Disney/Universal Orlando and all airports. Original 1925 home section has been completely restored from sub-floors up! This is the only historic original home for sale in Lake Mary. New 2-story lake view addition built in completed in Jan 07. Features include all new: Polarwall insulated s...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
Most of you that already live in the Lake Mary area have watched the construction along Markham Woods rd near the corner of Lake Mary Blvd. Some of us have even pulled over in awe of these Luxurious homes. Well your chance will soon be here to tour these homes or better yet if you are looking to purchase these homes are available and I can help you will additional information on each home available.These homes feature amenties such as bowling alleys, resort style lagoon pools, butlers kitchens and luxury master suites. There will be 3 homes featured. Homes range from 10,000 to 17,000 sq ft and are priced up to $8.5 Million. Lake Club is a private enclave or large estate lots located across from Alaqua Lakes.  The 2008 street of dreams will take place April 26th-June 8th. Tickets will be...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
On January 24, 2008 the city of Lake Mary had a grand opening of the all new Lake Mary Event Center. The event center is the center jewel in the all new downtown redevelopment. The center is an ideal location for business meetings, weddings, banquets and parties. The center is over 19,000 square feet and has stunning views of Crystal Lake. In addition to the large square footage of this facility there is an event lawn and ceremony site with abundant landscaping making it perfect for any outdoor functions. They also have catering services available. If you are interested in having a guided tour of the facility go to www.lakemaryeventscenter.com. I must say this is one of the most beautiful buildings and locations I have seen and it's in our own backyard here in Lake Mary, FL. Here is jus...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
So you are a first time home buyer in the Central Florida market. Your family is telling you you should stop renting and buy a home. Your friends and the media are telling oh no it's doom and gloom the market is still falling don't get taken like we did. Hmm well if you follow your friends you would wait til the market goes up and pay too much for your home, not the best advice is it? Of course the media is saying the same thing, but think about it the media sides on the side of sellers. A few years ago the market was amazing, but was it really for you as a buyer. Escalator causes, low inventory, houses selling in hours, was it such a great market?  So listen to your family who has probably seen many markets, bought a sold a few homes and well knows what they are talking about. Interest...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
Most buyers in todays market have no urgency to buy. Most are sitting around seeing what the market will do and spending another month on rent and making someone else rich. To help them with their lack of enthusiam it's important to educate buyers. I feel most buyers feel educated because they listen to the media so they know whats going on. Well talk the people who bought their houses in 2006 because the media told them if you dont do it now you might not be able to afford a home ever. Ask them if they will listen to the media again.Rates are at historic lows. I know we have all heard this a hundred times over, but here are the actual numbers associated with waiting and getting a higher interest rate.On a $200,000 loan that increased from 6% to a 7% interest rate would cost the buyer a...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
Yes, Lake Mary Homes for Sale - Now is the time to buy!  You may read this and say to yourself, "What is this guy on drugs?"  No and hardly are the answers.  But let's look at the facts and take a couple of things into consideration.  If you have decent credit and have some available cash for a down payment, then you will most likely be able to get a loan at a decent interest rate.  You think I must be joking, but that's because you've been reading and hearing and have now succumbed to believing all of the doom and gloom about the mortgage and real estate markets.  Truth be told, now is an excellent time to purchase a home.  With the availability of so many homes on the market in varying sizes, shapes, location and condition - the choices are abundant.  OK, so you are still a little ske...
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By Christopher Myers, Greater Orlando and Central Florida Real Estate
(Orlando Property Group)
  Lake Mary Florida in Seminole County, Central Florida, Near Orlando by: Christopher  Lake Mary & Orlando Florida Real Estate - Homes, Townhomes & Condos   Situated between Sanford, Longwood and Casselberry in Seminole County, Lake Mary is one of the fastest growing cities in Central Florida and is a very aesthetic, upscale area just north of Orlando. Ranked #1 in the south and #4 in the U.S., Lake Mary, Florida also continues to cultivate strong community bonds and is committed to maintaining its high quality of living. If you plan to relocate to the Orlando area, Lake Mary is perfect choice! Within close proximity to Interstate 4 and the blooming technology center of Heathrow, Lake Mary provides attractive, high-end neighborhoods and acclaimed golf communities, big businesses, superi...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
If you are in Lake Mary, FL tomorrow dont forget to check out the Lake Mary Farmers Market. But Santa is coming to visit Lake Mary neighborhoods. They pass out treats of candy as they pass, much to the delight of the children who line the route. Here is a run down of the neighborhoods Santa will be visiting tomorrow. As a reminder, here are the stops for tomorrow, both morning and afternoon. December 15 - Morning Schedule (9:00 AM) Ridge Road, Channel Dr, W. Frederick, E Floyd, Abbott, Byron, First, Alma, Grandbend, Lake Mary Ave, Wilbur, W Crystal Lake, Lakeview, Seminole Ave, S. Fifth St, Washington, S. Fourth, Van Buren, S. Third, High St, Greenleaf, Lake St, Palmetto.MISTY OAKS: Oak Leaf Cr. SUN: Sun Oaks Ct.CRYSTAL LAKE ESTATES: Estates Cr. December 15 - Afternoon Schedule (1:00 PM...
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By Christopher Myers, Greater Orlando and Central Florida Real Estate
(Orlando Property Group)
Lake Mary Real Estate - Homes, Townhomes & Condos  Lake Mary Florida Real Estate Market Update - November, 2007Although we're bombarded daily with news reports about how lousy the Lake Mary real estate market is currently, when you compare us to the many parts of the country, we actually have it pretty good!  The fact is that homes are still selling.  Now you're saying, common, give it to me straight.  Ok...Yes, the Lake Mary and Orlando market as a whole has slowed, and yes, prices have taken a dip, so here are the facts for you. Average Days on Market (DOM):  115This is UP from 74 DOM in November 2006Sales Closed:  963This is DOWN 47% from 1840 in November 2006Current Listing Inventory:  26,172This is UP from 21,122 in November 2006So what does this mean if you're trying to sell your ...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
Seminole County is the smallest county in the State of Florida yet one of the wealthiest per capita. Seminole County is 298 SQ Miles. Between 2000-2006 the population has expanded by 11.4%. Most people travel approximately 27 minutes to work and the median household income is $50,842. Seminole County is comprised of Sanford, Lake Mary, Longwood, Altamonte Springs, Winter Springs, Oviedo and Casselberry.My home for the past 17+ years has been the wonderful town of Lake Mary. The past 10 years have been a rapid and huge expansion for this city. The city counselors for this area have had great concern as to how their bedroom community was developed and the types of businesses that were allowed into the area. With this concern they have helped keep Lake Mary as one of the most sought after ...
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By Debbie Summers
(Charles Rutenberg Realty )
Real Estate Market Report/Conditions in Lake Mary, FL as of 12/06/2007. The following is a quick analysis of the re-sale market in Lake Mary within Seminole County, Florida for October 2007, provided by Debbie Summers of RE/MAX Central Realty, in Lake Mary, FL (sales information compiled from the Mid Florida Regional Multiple Listing Service)Homes on the market as of 12/06/07: 524 Homes on the market as of 10/31/07: 522 Homes sold in November 2007: 32 Homes currently under contract: 47 Homes Sold in October 2007: 31 Homes Sold in September 2007: 41 Properties closed in November 2006: 54 Properties closed in November 2005: 64For additional information and resources concerning real estate and living in Seminole County, Florida, please visit my website, http://www.casanddebbie.com/ .   
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By Debbie Summers
(Charles Rutenberg Realty )
    CITY OF LAKE MARY PRESENTS - HOLIDAY IN THE PARK    Friday, December 7, 2007 from 6:00 - 8:00 pm     ~ Bob Glickman Music & Entertainment     ~ Face Painting     ~ Ornament Sale          ~ Cookies and Punch served to those who bring can goods or unwrapped toy.     6:45 ~ The mayor will be announcing the official lighting of the Christmas Tree.     7:00 ~ Santa & Mrs. Claus arrive by Fire TruckPlease click here for a map and directions HAPPY HOLIDAYS! 
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